Crypto stocks battered as Nasdaq enters correction in $17 trillion market rout

Crypto stocks are getting hit hard Friday as weakness in U.S. equities rippled through high-risk assets, driving bitcoin BTC $ 66,621.90 below $66,000.

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Why Mastercard paid double for stablecoin infrastructure it could have built

When one of the world's largest card networks pays a significant premium over a company's last valuation to acquire it, that is worth paying attention to. When the company in question builds stablecoin settlement infrastructure, it tells you something fundamental about where the payments industry believes it needs to be – and how urgently it needs to get there.

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Morgan Stanley enters bitcoin ETF race with market-leading low fee

Morgan Stanley plans to price its proposed spot bitcoin BTC $ 66,621.90 exchange-traded fund (ETF) at 14 basis points, a level just below current low-cost options for similar products, according to an amended filing with the U.S. Securities and Exchange Commission (SEC).

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Bitcoin miners are becoming AI companies and selling their BTC to fund the transition

The bitcoin mining industry is undergoing the most fundamental transformation in its history, and the clearest sign isn't the hashrate or the difficulty adjustments. It's the balance sheets.

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Ripple turns to AI to stress-test the XRP Ledger as institutional use cases scale

Ripple is overhauling how it secures the XRP Ledger, and AI is at the center of the effort. Its engineering team outlined a new AI-driven security strategy for the XRP Ledger in a detailed post earlier this week, one that integrates machine learning tools across the protocol's entire development lifecycle.

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Watch out Bitcoin devs. Google says post-quantum migration needs to happen by 2029.

The crypto industry's reaction was that a quantum computing threat was still distant when Google unveiled its Willow quantum chip in December 2024 . Bitcoin uses SHA-256 for mining and ECDSA for signatures, both of which are theoretically vulnerable to quantum decryption, but the consensus was that the threat was decades away .

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Here’s what next as Anthropic’s most powerful AI model leaked via unsecured data cache

Anthropic is testing the most powerful AI model it has ever built, and the world wasn't supposed to know yet. A data leak reported by Fortune on Thursday revealed that the AI lab behind Claude has trained a new model called “Mythos,” which it internally describes as “by far the most powerful AI model we've ever developed.” The model was discovered in a draft blog post left in an unsecured, publicly searchable data cache, alongside nearly 3,000 other unpublished assets, according to cybersecurity researchers who reviewed the material.

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Crypto’s future is bright in the context of AI’s assault on software firms, says Kraken-backed investment firm

Don't be fooled by the prolonged crypto bear market, the industry remains a sound investment and less at risk from replacement by AI than traditional software as a service (SaaS) operations, according to Ravi Tanuku, CEO of KRAKacquisition Corp. (KRAKU), a blank check company backed by U.S.

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Here’s how bitcoin, Ethereum and other networks are preparing for the looming quantum threat

As quantum computing edges closer to practical reality, the crypto industry is beginning to confront a question it has long deferred: what happens if the cryptography underpinning trillions of dollars in digital assets no longer holds? Across many of the most well-known ecosystems like Bitcoin, Ethereum, and Solana, responses are diverging along familiar lines: what to do on social consensus and technical iteration, and community members are split between caution and acceleration.

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Why bitcoin’s ‘compressed’ valuation offers reduced downside risk versus stocks

Bitcoin BTC $ 66,673.31 may have already priced in the effects of tighter monetary policy, leaving stocks more exposed to the latest macroeconomic shocks, according to asset manager Bitwise. The firm’s comments come as the cryptocurrency continues to correct below $70,000, down more than 23.7% year-to-date.

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